Startup Lessons Learned

SEPTEMBER 12, 2008

In an enterprise sales context, this is called a "repeatable and scalable sales process" - once you know how to do this, your company can graduate from early adopters and make an attempt at the mainstream. Thoughts on scientific product development Lo, my 5 subscribers, who are you? Amazon PostRank

Audience 119

Audience San Francisco Continuous Deployment Lean 119

Startup Lessons Learned

NOVEMBER 8, 2008

Customer development is a parallel process to product development, which means that you dont have to give up on your dream. Our goal in product development is to find the minimum feature set required to get early customers. If I get sales I will expand on the site. This is a common mistake.

Customer Development 168

Customer Development Developer San Francisco Customer 168

Startup Lessons Learned

OCTOBER 20, 2008

Lessons Learned by Eric Ries Monday, October 20, 2008 The engineering managers lament I was inspired to write The product managers lament while meeting with a startup struggling to figure out what had gone wrong with their product development process. Of course, the sales folks had new features as their #1 priority.

Software Review 164

Software Review Engineer Management Technical Review 164

Steve Blank

MARCH 4, 2014

20 th century Management Tools for Execution In the 20 th century business schools and consulting firms developed an amazing management stack to assist companies to execute. These tools brought clarity to corporate strategy, product line extension strategies, and made product management a repeatable process. Strategy Maps.

IRR 335

IRR Startup Business Model Agile 335

Startup Lessons Learned

SEPTEMBER 15, 2008

This gets me into trouble, because it conjures up for some the idea that product development is simply a rote mechanical exercise of linear optimization. You just constantly test little micro-changes and follow a hill-climbing algorithm to build your product. Take a look and let me know what you think. Amazon PostRank

San Francisco 166

San Francisco Lean Technical Review Continuous Deployment 166

Startup Lessons Learned

JUNE 8, 2009

For example, I quickly learned that when I twittered about the event, more often than not I would make a sale. So the product development team was busy creating lots of split-tests for lots of hypotheses. And here is the howto for your sales bell: [link] Have fun! :-) June 9, 2009 1:42 AM David Skillern said.

San Francisco 84

San Francisco Lean Continuous Deployment DC 84

Startup Lessons Learned

NOVEMBER 17, 2008

Strategy - startups first encounter this when they have the beginnings of a product, and theyve achieved some amount of product/market fit. As the company grows, this kind of work generalizes into "executing the companys current strategy." . Take a look and let me know what you think. Amazon PostRank

San Francisco 88

San Francisco Lean Continuous Deployment DC 88

Startup Lessons Learned

JULY 28, 2010

To acquire new money managers, the company makes traditional sales calls, which means they’ve interviewed many, many professionals and gotten a strong sense of their needs. .&# says Rachleff. At the same time, whenever a customer closes an account, kaChing contacts the person to find out why; most agree to a short phone interview. .&#

San Francisco 158

San Francisco Lean Continuous Deployment SEC 158

Startup Lessons Learned

JULY 29, 2009

Startups especially can benefit by using technical debt to experiment, invest in process, and increase their product development leverage. The biggest source of waste in new product development is building something that nobody wants. Leverage product development with open source and third parties.

Technical Review 168

Technical Review Software Review San Francisco Lean 168

ConversionXL

JUNE 9, 2016

and even Messenger is being used by companies to interact with consumers (both pre- and post-sale). With a Facebook store, you can… Upload products and product information. Curate and customize your shop’s product catalog. You can run Twitter-only sales, host flash sales, product releases, etc.

Social Media 48

Social Media eCommerce Media Audience 48

Austin Startup

JANUARY 25, 2020

Having just moved to Austin from Boston, she thought adding African car sales could help, maybe thinking Africans looking for used cars can use it to find car deals.

Delaware 62

Delaware SEC New York City New York 62

techcocktail.com

OCTOBER 23, 2010

be the manager and product developer). Make sure someone is thinking about overarching plans around PR, marketing and sales and spends time crafting the right messages, understanding audiences and figuring out distribution channels. In a new venture, it’s typical that each team member will likely wear multiple hats (i.e.

San Francisco 44

San Francisco Startup PHP San Diego 44

Software By Rob

NOVEMBER 16, 2009

Geoffrey Moore Author of Crossing the Chasm and four other books, Geoffrey Moore has been thinking about high-tech product development longer than most of have been doing anything on a computer. I wound up seeing Joel, but I never caught Paul when I lived in New Haven or Boston.

Software Review 47

Software Review Software San Francisco RSS 47

Startup Lessons Learned

AUGUST 24, 2009

When I reviewed a recent product development book, it immediately shot up to Amazon sales rank 300. Expo New York New York, NY Nov 19 The Lean Startup at MIT Boston, MA Nov 20 Lunch workshop at Dogpatch Labs Boston, MA Dec 17 Lean Startup Cohort program begins San Francisco, CA KISSmetrics KISSmetrics is loading.

San Francisco 113

San Francisco Lean Technical Review Distribution 113

Steve Blank

OCTOBER 25, 2022

An edited version of this article previously appeared in the Boston Consulting Group’s strategy think tank website. This 100+-year-old company has seven major product divisions, each with hundreds of products. I spent last week at a global Fortune 50 company offsite watching them grapple with disruption.

Framework 389

Framework Distribution Channel Leadership 389

Startup Lessons Learned

MARCH 4, 2009

But if that piece-parts solution is great, then its unlikely they are going to need to buy any additional products. Because this language may lead you to believe this concept is for enterprise sales only, I thought Id walk you through an example from the world of consumer electronics. Take a look and let me know what you think.

San Francisco 68

San Francisco Lean Continuous Deployment DC 68

Startup Lessons Learned

OCTOBER 30, 2008

This can take the form of a traditional sales pipeline or a registration-activation-revenue chart. Expo New York New York, NY Nov 19 The Lean Startup at MIT Boston, MA Nov 20 Lunch workshop at Dogpatch Labs Boston, MA Dec 17 Lean Startup Cohort program begins San Francisco, CA KISSmetrics KISSmetrics is loading.

Lean 121

Lean San Francisco Continuous Deployment DC 121

Startup Lessons Learned

OCTOBER 19, 2009

But instead of spending the time and money to develop products on spec, TPGTEX creates mocked-up webpages that list the features of a potential new product -- such as a system for making radio-frequency identification, or RFID, labels -- along with its price. Read the rest. Read the rest. Amazon PostRank

San Francisco 137

San Francisco Product Lean Continuous Deployment 137

Startup Lessons Learned

AUGUST 16, 2010

Meanwhile, individuals and smaller companies emailed by the hundreds to say that they wanted the features of custom channels, but the sales model—arranged like a media buy—didn’t make sense to them. -Eric] Big companies said they liked the idea, but SlideShare found it hard to close deals. Amazon PostRank

San Francisco 167

San Francisco Lean Analytics Continuous Deployment 167

Startup Lessons Learned

FEBRUARY 28, 2009

And while its true that metrics sometimes can lead to a better product, in my experience just as often they had led to no insight whatsoever, like fancy reports that nobody reads or after-the-fact rationalizations (with graphs!) We set sales targets from day one, $300 the first month. Labels: product development 4comments: Doug said.

San Francisco 98

San Francisco Continuous Deployment Lean DC 98

Startup Lessons Learned

APRIL 9, 2009

Creating a company-wide feedback loop that incorporates both customer development and agile development is a challenge. So instead of having sales, marketing, and business development, we have a problem team implementing customer development. Traditional department labels just make it harder. Amazon PostRank

San Francisco 132

San Francisco Continuous Deployment Lean Agile 132

Steve Blank

DECEMBER 8, 2015

In contrast, Facebook’s acquisition of the virtual reality hardware company Oculus still requires significant product development, identification of a viable business model – and the target market and revenue may never materialize. W hat would be the charter for our Innovation Outpost?

Silicon Valley 120

Silicon Valley Acquisition Boston Early Stage 120

Startup Lessons Learned

SEPTEMBER 8, 2009

I'll add two ideas: The modern structure of university patent licensing and technology transfer works really well in the life sciences and other fields with expensive product development processes. Similarly, government purchasing is a frustrating series of hoops, even compared to enterprise sales. Amazon PostRank

DC 90

DC Washington San Francisco SBIR 90

Startup Lessons Learned

DECEMBER 7, 2008

Sometimes, a great hacker has the potential to grow into the CTO of a company, and in those cases all you need is an outside mentor who can work with them to develop those skills. At the end of the day, the product development team of a startup (large or small) is a service organization. Does this sound familiar?

Software Review 94

Software Review Technical Review Part-Time VPE San Francisco 94

Startup Lessons Learned

MARCH 13, 2009

In particular, a marketing launch can help you do three things (courtesy, as is most of my marketing advice, of The Four Steps to the Epiphany ): Drive customers into your sales pipeline. In the right situation, its a very useful tactic, too. Thats because a marketing launch is a one-time event, and rarely translates into renewable audiences.

San Francisco 168

San Francisco PR Lean Early Stage 168

Software By Rob

AUGUST 5, 2010

The knowledge that you need 10,000 hours to master a subject, that certain trends become viral after the 412th person adopts it, or that you should make your product remarkable, is not going to help you launch. Nor will it save you a single minute during product development, or sell one more copy of your application.

Founder 78

Founder Startup Software Review Software 78

Startup Lessons Learned

OCTOBER 11, 2008

Sales depend on being right (whereas in UGC we can pretty much try anything, and promote the winners). Your platform may require you to staff up a large production department to crank out enough content to satisfy your customers. Take a look and let me know what you think. Amazon PostRank

San Francisco 68

San Francisco Lean Continuous Deployment DC 68

YoungUpstarts

MAY 30, 2019

Without the delivery of features at a predictable pace, it’s natural for sales, marketing, and fundraising teams to struggle to produce. Development teams must build a muscle for reliable estimation and delivery, whether through Scrum velocity metrics or their own approach. Sound familiar? Maintain great release notes. .

Management 138

Management Product SCRUM Early Stage 138

Austin Startup

SEPTEMBER 7, 2017

Now we see weird case of designer from Nigeria collaborating with APP developer from Romania building a product which Intellectual Property is registered in Netherlands and LLC registered in Boston. You see the business of innovative solutions does not include services or products that are demanded by the market.

Austin 49

Austin DC Texas San Francisco 49

VC Cafe

FEBRUARY 3, 2014

With current locations in San Francisco, Boston, London, and Shanghai, the medical giant’s innovation centers work on developing new approaches to a range of diseases. Johnson and Johnson recently announced that it will be expanding its network of innovation centers, establishing a new center in Israel.

Las Vegas 92

Las Vegas India San Francisco 92

Startup Lessons Learned

DECEMBER 16, 2008

I wrote about this challenge for iPhone developers, in an essay on retention competition : the battle over what icon the user will click when they go to the home screen. At that point, theres no opportunity for marketing or sales; the battle is already won or lost in the persons mind. Take a look and let me know what you think.

Viral 140

Viral San Francisco Lean Continuous Deployment 140

Startup Lessons Learned

OCTOBER 23, 2009

We got instantaneous feedback on the validity of the idea and started our sales process concurrently. LOIs, while clearly not as good as signed sales contract, do have meaning and are valuable. I encourage B2B startups to keep them in their customer development arsenal. Take a look and let me know what you think.

San Francisco 144

San Francisco Customer Wiki Lean 144

Startup Lessons Learned

JANUARY 28, 2009

Because, unless you are working in an extremely static environment, your product development team is learning and getting better all the time. Most importantly, I encouraged the leaders of the company to bring awareness of the business challenges to the product development team. Great post, Eric. Amazon PostRank

San Francisco 79

San Francisco Lean Continuous Deployment DC 79

Startup Lessons Learned

MARCH 22, 2010

These companies produced over $52 billion dollars in sales in 2005, and employed 450,000 workers that year. These companies produced over $52 billion dollars in sales in 2005, and employed 450,000 workers that year. Substantial research shows that immigrants play a key role in American job creation. Amazon PostRank

San Francisco 121

San Francisco Indiana Lean Startup 121

Steve Blank

MAY 9, 2017

The second thing that’s changed is that we’re now Compressing the Product Development Cycle. In the 20 th century startups I was part of, the time to build a first product release was measured in years as we turned out the founder’s vision of what customers wanted. Finally the board would fire the VP of sales.

Restful 222

Restful Silicon Valley Puerto Rico San Jose 222

Startup Lessons Learned

FEBRUARY 12, 2009

Without a basis for comparison, you first have to drive home the need, then you will have an easy time making the sale (after all, youre the person who they trust to bring it to their attention). Toughest part of the sale is to get agreement that you really can deliver benefits that they didnt previously know were possible. .

San Francisco 89

San Francisco Continuous Deployment Ruby Lean 89

Startup Lessons Learned

SEPTEMBER 11, 2009

It took hundreds of years for newspapers to learn to behave as worthy holders of this public trust and cover the news without fear or favour, and create a firewall between news and views and the ad-sales side of the operation. Since LL took over xstreet, they have seen a 34% DROP in users and sales, why? YOU and ONLY YOU.

Community 158

Community Management Lean Software Review 158